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According to Fortune India 500 list, Mukesh Ambani-led Reliance Industries (RIL) ended Indian oil Corporation Limited’s 10-year supremacy as India’s largest company.
With revenue of ₹ 580,553 crore in 2018-19, the Reliance Industries also became the first privately-held company to become India’s largest corporation, Fortune India stated.
Indian Oil Corporation with ₹ 535,793 crore revenue became the 2nd largest corporation in India.
The Oil & Natural gas Corporation (436,057), State Bank of India (330,687) and Tata Motors (303,227) came in 3rd, 4th and 5th spots respectively.
|Rank||Company||Revenue In Crore|
|10||Tata Consultancy Services||150,774.00|
|6||Bharat Petroleum Corporation||302,806.71|
|4||State Bank of India||330,687.36|
|3||Oil & Natural Gas Corporation||436,057.04|
|2||Indian Oil Corporation||535,793.18|
The Fortune India 500 is a ranking of the top 500 corporations in India compiled on the basis of latest sales and Gross revenue figures.
The list is published annually by Fortune magazine. Fortune India is Fortune’s sixth international edition following local editions for China, Turkey, Korea, Indonesia as well as a special edition for Greece.
The Fortune India 500 list ranks publicly traded companies by their annual Audited total income.
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